Dutch DSM completes sale of DEXPlastomers to Borealis

04 March 2013 07:53[Source: ICIS news]

SINGAPORE (ICIS)--Dutch specialty chemicals firm DSM has completed the sale of DEXPlastomers, a joint venture between DSM and an affiliate of ExxonMobil Chemical, for an undisclosed fee to Austria’s Borealis, the companies said on Monday.

DEXPlastomers is a 50:50 joint venture between DSM and Exxon Chemical Holland Ventures that produces C8 plastomers and linear low density polyethylene (LLDPE) at its site in Geleen, the Netherlands, DSM said in a statement.

DSM also sold its LLDPE compact solution technology to Borealis, it added.